The new deadline is now at October 31 for the acquisition of Vivendi's shareholdings in Maroc Telecom by Etisalat.
Investors
IMF and EU halts Greece bailout aid discussions
Greece international lenders had temporarily halted their latest bailout fund to Greece, according to a Reuters report.
Al-Futtaim signs MoU for new Muscat mall in Oman
Al-Futtain formalizes its agreement with the Oman Tourism Development Company and the Omani National Investment Funds Company for the new mall in Muscat.
Egypt receives USD7 billion Gulf aid
According to Egypt's central bank governor, the country had received USD7 billion of Gulf aid out of the USD12 billion pledges from Gulf countries.
RBI says banks to pay for credit card scam
The Reserve Bank of India had refused to give extended deadline for banks to upgrade their security features to protect cardholders from credit card frauds.
Latest News
In a bid to ease the pressure on its public finances, Oman is set to issue an international bond as well as a sovereign bond next year.
According to a data from SQM Research Pty, property prices in Sydney might increase to as much as 20% in 2014.
The Central Bank of China said last Sunday that it would keep policy steady to cope with economic uncertainties.
The exclusive discussion for Etisalat’s proposal to acquire Vivendi’s stake in Maroc Telecom had been extended up to October 31.
China opened its free trade zone in Shanghai and was hailed as the country's boldest reform, according to a Reuters report.
CEO resignation would not deter the merger of the two Omani banks. In an announcement, Bank Dhofar's CEO Anthony Mahoney had resigned from the bank.
The escalator at Harrods would undergo a major facelift and renovation. Qatar's newly acquired luxury London department store, Harrod's, had laid out plans to undertake a multi-million renovation as part of the investment from the Gulf state in the world renowned brand.
Ooredoo, the Qatari telecommunications company, had entered into a partnership with the Cherie Blair Foundation for Women to provide assistance to businesswomen.
The Shanghai free trade zone is a testing ground for finance and economic policy in China. Shanghai's free trade zone would have Citigroup Inc and Bank of China Ltd as participants in the eleven square mile experiment.
